Listen to music while browsing

Ghana is a beacon of success - Virgin Group's Founder

By GNA

Mr Richard Branson, Founder and Chief Executive of the Virgin Group, a British venture capital conglomerate, has noted that "Ghana is a beacon of success in the sub-region" and should capitalize on her successes to transform society.

He said the country's institutions had significantly improved with favourable business climate and competitive market, making her to be more attractive to investors.

Mr Branson made the remark in a pre-recorded presentation played to participants at the just ended Opportunities Conference 2010, organised by Forethought, an indigenous events management firm in Accra.

His presentation was on the topic: "Effective Strategisation in a Competitive Global Market, how to Succeed in times of Adverse Challenges".

The two-day conference themed "Shifting Paradigms, Shaping Possibilities" and sponsored by Zain Ghana, was to identify Ghana's business opportunities and empower participants on how to create wealth out of those opportunities for the development country.

It was addressed by personalities drawn from the corporate, academic and public sectors, who spoke on wealth creation through entrepreneurship and innovation.

Conference participants included people from academia, students, entrepreneurs and business leaders from all sectors of the economy.

Mr Branson said with a favourable business climate, Ghanaians should rise up to challenge and healthily compete with other business interests in order to enable them to enjoy gains of the country's success story.

He advised especially young entrepreneurs not feel daunted by competition but to persevere adding that the beginning of every endeavour was challenging but those who pushed through became victors.

Using himself as an example, he said, despite the global economic meltdown, he had been working to launch an airliner called Virgin Atlantic on the Accra - London route by spring this year.

Mr Kwame Pianim, an Economist and Business Consultant observed that "The economy of Ghana in 2010 is at a historically defining moment with the oil find of 2007."

Mr Pianim explained that the opportunities, which the oil sector would offer would be enormous and expressed the hope that they would help to propel the country into an era of accelerated and sustainable transformational development.

Ms Joyce Aryee, Chief Executive of the Ghana Chamber of Mines said many natural resources such as Mica, Marble, Clay and Salt which had huge revenue base were under-exploited.

She, therefore, called for a carefully re-evaluated programme to mine such resources for the benefit of the country.

Rockshore Company Int. Won 27 Months Mining Contract From Persues Mining Ltd.

Sunday, January 25, 2015 The Chief Executive Officer of Rockshore Company international Mr. Kwasi Osei-Ofori has urged his couleaques contractors to stop underrating themselves and strive to exhibit their capacity to compete with foreign contractors. He said that, Ghanaians are capable of doing everything the western co ...

French company establishes cocoa processing factory in Ghana

Sunday, January 25, 2015 Cocoa Touton Processing Company Limited (CTPC), a subsidiary of Touton S.A. of France has signed a bean supply agreement with Ghana Cocoa Board (COCOBOD) to process cocoa beans locally. At a ceremony held at the Cocoa House in Accra, Dr. Stephen Kwabena Opuni, Chief Executive of COCOBOD was glad ...

Ghana Post to roll-out e-shopping

Sunday, January 25, 2015 The Ghana Post is to introduce electronic commerce (e-commerce) to provide the opportunity for clients to shop on-line while using its services. Mr. Anthony Avorkliya, the Ashanti Regional Head of the Company, said shoppers everywhere could buy items and would be delivered at their doorstep. T ...

Trade Ministry to plow on with G-CAP despite resistance

Sunday, January 25, 2015 Trade Ministry insists it will go ahead with the Ghana Conformity Assessment Programme, G-CAP despite resistance from businesses. The program with is being championed by the Ghana Standards Authority, will result in goods imported into the country being subjected to strict inspection at their ori ...

VRA ready for 120m gas from Atuabo in March

Saturday, January 24, 2015 The Volta River Authority says cannot expect to use the full 120 million standard cubic feet gas from Atuabo until March 2015. According to the VRA, it is unable to fully utilise the gas produced by the Ghana National Gas Company because some of its plants are down. The TICO units, for inst ...
more articles